Democrats in the New York Legislature are again pushing a bill that would require statewide elected officials in New York - including the president of the United States - to disclose their state income tax returns. Assemblyman David Buchwald, of Westchester, and Sen. Brad Hoylman, of Manhattan, have introduced the measure in Albany, where they've scheduled a rally at noon Monday at the state Capitol to talk about their effort as a debate over Republican President Donald Trump's taxes intensifies in Washington. On Sunday, White House chief of staff Mick Mulvaney said congressional Democrats will "never" see Trump's tax returns. Mulvaney's comment came after Rep. Richard Neal, D-Mass., asked the IRS to provide six years of Trump's personal tax returns and the returns for some of his businesses. Previous Albany legislation aimed at getting Trump to release his taxes was blocked in the then-Republican-controlled state Senate last year. Democrats now control the chamber thanks to gains in … [Read more...] about New York Democrats Push Bill Requiring President Trump to Release Taxes
State income tax new york
State lawmakers in Albany are pushing for legislation that would require statewide elected officials in New York — including the president of the United States — to disclose their state income tax returns. Assemblyman David Buchwald, of Westchester, and Sen. Brad Hoylman, of Manhattan, have introduced a measure known as the NY TRUTH Act, and they're holding a rally at noon Monday at the state Capitol to talk about their effort.The two Democrats say 90 members of the Democrat-controlled Assembly have signed on as co-sponsors of the legislation. In the Senate, also controlled by Democrats, 31 of the chamber's 63 members are co-sponsoring the measure.On Thursday, the White House said that House Democrats are playing "political games" by seeking to obtain Republican President Donald Trump's tax records. … [Read more...] about New York state lawmakers push bill requiring elected officials, including president, to release taxes
Wednesday, February 20, 2019 by: JD Heyes Tags: Alexandria Ocasio-Cortez, Amazon, AOC, big government, criticism, dealbreaker, democratic socialist, HQ2 deal, ignorance, insanity, left cult, Libtards, New York City, petulance, ROFL, socialism, stupid, tax break, tax breaks, tax revenue (Natural News) Democrats and their propagandists in the “mainstream” media like to claim that POTUS Donald Trump’s tweeting and refutation of every criticism of his presidency is childish and ‘unpresidential,’ but as usual, they are giving one of their own a pass. Democratic Socialist Rep. Alexandria Ocasio-Cortez of New York is proving to be far more sensitive to criticism than the president ever was, though she’s not being called out for her petulance. What’s more, she can’t even admit when she’s wrong. Take her recent inane comments celebrating the demise of a deal to lure e-tail behemoth Amazon to her home state and home city. After Jeff … [Read more...] about Ocasio-Cortez doubles down on STUPID after failing to understand how tax breaks work (and chasing away $30 billion in tax revenue for the State of New York)
A one-page memo on January tax revenue that Minnesota Management and Budget Commissioner Myron Frans sent the governor last week sought to avoid raising alarm. Frans gently reminded the governor and all the legislative leaders who were copied on the memo that variances in one month’s tax revenue figures should be interpreted with “great caution.” Frans was reporting that January general-fund revenue was $2.28 billion, about 10.7 percent less than the most recent forecast. Most of the lines were close to the forecast but not individual income taxes, coming in about $280 million less than the $1.73 billion forecast. There’s reason to think this might be nothing worrisome, because taxpayers might still be trying to figure out the new federal tax law and the payments could just be slow. There could also have been a little slip because much of the federal government was shut down in January. On the other hand, the last state budget update before this one showed that … [Read more...] about In light of 2017 law, Minnesota needs to take a look at its income tax
Despite New York City's tough reputation, it appears to have been out-negotiated by Virginia's Arlington County in the 238-city frenzy to snare Amazon's HQ2. That heated competition ended with the announcement Tuesday of two winners for the $5 billion development prize. Each location will get 25,000 jobs with six-figure salaries. Arlington promised $550 million in subsidies for its, while New York will shell out three times that amount. New York state is kicking in $1.5 billion in direct tax credits, $10 million in job-training costs and -- as skeptical Twitter users noted -- the cost of a corporate helipad for the Long Island City site. "Incentives are highly contentious today, but we call them a necessary evil," said John Boyd, principal at the Boyd Co., a site-selection firm that advises companies and municipalities. He pointed out that Amazon passed up a nearly $8 billion subsidy package just across the river in Newark, New Jersey, in favor of Long Island City, in the New York … [Read more...] about Can New York make back its Amazon investment?